$2,551,000
Brampton
#8 11655 MCVEAN Drive, Brampton (Toronto Gore Rural Estate), Ontario, L6P4N5
This retail property in Brampton is for sale offering roughly 2,058 sq ft of space. It has been on the market 8 days, fresher than the Brampton average of 56 days.
Prime Leasehold Property for Sale - 2,057.60 Sq. Ft. with Guaranteed Long Term Rental Income. We are pleased to present a rare investment opportunity in one of the most vibrant commercial areas on the Brampton and Caledon border. This 2,057.60 sq. ft. leasehold property is strategically located at the major intersection of McVean Drive and Mayfield Road, ensuring maximum visibility, accessibility, and exposure to consistent traffic. This property is not a business for sale - it is a fully operational commercial space with an established, long-term tenant. Investors will benefit from assured rental income from day one, offering a secure and stable return. The tenant has a proven track record of timely payments, providing peace of mind and eliminating common leasing uncertainties. The property is part of a thriving commercial plaza that serves the local community with a mix of shops and services. All units in the plaza are operational, creating a lively, attractive environment that draws regular foot traffic. Its location at a busy intersection further enhances visibility, making it ideal for tenants and ensuring the property remains highly desirable in the market. This is a turnkey investment opportunity, perfectly suited for investors seeking a reliable, long-term asset with minimal management hassle. The property's strong location fundamentals, stable tenant profile, and continuous cash flow make it a rare find in the Brampton-Caledon corridor. McVean Drive & Mayfield Road - high-traffic commercial hub. Tenant: Long-term, reliable, providing guaranteed rental income. Plaza: Fully operational with multiple shops serving the local community. Investment: Ideal for long-term, secure returns; turnkey and low-risk. Don't miss this opportunity to own a commercial property at one of the most sought-after corners in Brampton. Whether you are a seasoned investor or a new entrant, it offers both stability and growth potential in a prime location. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Brampton (Toronto Gore Rural Estate) has been listed for 8 days, which is 48 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,551,000, about 19.0× the local median household income of $134,000.
Carrying it typically needs a household income of about $498,300 (20% down, 25-yr amortization, stress-tested) — roughly 272% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6P)
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